It’s an Obama World.
Up is down. Right is wrong. Spending brings wealth. And unemployment checks create jobs.
White House Spokesperson Jay Carney says unemployment checks creates jobs.
Real Clear Polticits has the transcript.
“I understand why extending unemployment insurance provides relief to people who need it, but how does that create jobs,” Wall Street Journal’s Laura Meckler asked Jay Carney Wednesday’s WH briefing.
Carney responded: “Oh, uh, it is by, uh, I would expect a reporter from the Wall Street Journal would know this as part of the entrance exam.”
“There are few other ways that can directly put money into the economy than applying unemployment insurance,” Carney said.
Carney answers the question: “It is one of the most direct ways to infuse money directly into the economy because people who are unemployed and obviously aren’t running a paycheck are going to spend the money that they get. They’re not going to save it, they’re going to spend it. And with unemployment insurance, that way, the money goes directly back into the economy, dollar for dollar virtually.”
Hey, let’s give everybody unemployment checks. We’ll create even more jobs!
Nancy Pelosi said the same thing back in 2010.
The sad thing is… They actually believe this crap!
